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Principles of Microeconomics Math Review

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Principles of Microeconomics Math Review

This video gives a brief example of how to calculate a linear equation and slope.

Basic Derivatives and Microeconomics

Here we review derivatives of polynomials, and the interpretation as a slope, or marginal.
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MACROeconomics 15 Minute Review

In this video I explain Macroeconomics in 15 minutes. Click on the box to watch videos covering each concept and graph or click on the playlists below. Make sure to subscribe and comment.

If you need more help, check out my Ultimate Review Packet


Unit 1-
Unit 2-
Unit 3-
Unit 4-
Unit 5-

If you can't explain it simply, you don't understand it well enough.
Albert Einstein

Math 4. Math for Economists. Lecture 01. Introduction to the Course

UCI Math 4: Math for Economists (Summer 2013)
Lec 01. Math for Economists
View the complete course:
Instructor: Jason Kronewetter, Ph.D.

License: Creative Commons CC-BY-SA
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Description: UCI Math 4 covers the following topics: linear algebra and multivariable differential calculus suitable for economic applications.

Recorded on August 5, 2013

Required attribution: Kronewetter, Jason. Math for Economists 4 (UCI OpenCourseWare: University of California, Irvine), [Access date]. License: Creative Commons Attribution-ShareAlike 3.0 United States License. (
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Principles of Macroeconomics: Lecture 39 - Semester Review

This course prepares the student to understand the economic structure of the United States and its place in the world economy, to interpret common economic measures, to understand the processes of governmental fiscal and monetary policies, and to evaluate individual decision-making from an economic perspective.

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Chapter 15. Monopoly. Gregory Mankiw. Principles of Economics. 7th edition

Chapter 15. Monopoly. Gregory Mankiw. Principles of Economics. 7th edition
Introduction
Why Monopolies Arise
Monopoly Resources
Government-Created Monopolies
Natural Monopolies
How Monopolies Make Production and Pricing Decisions-Monopoly Vs Competition
How Monopolies Make Production and Pricing Decisions-Monopoly Vs Competition
How Monopolies Make Production and Pricing Decisions-A Monopoly’s Revenue
How Monopolies Make Production and Pricing Decisions - Profit Maximization
How Monopolies Make Production and Pricing Decisions – A Monopoly’s profit
The Welfare Cost of Monopolies
The Welfare Cost of Monopolies-The Deadweight loss.
The Welfare Cost of Monopolies-The Monopoly’s Profit: A Social Cost?
Price Discrimination
Price Discrimination-A Parable about pricing.
Price Discrimination-The Moral of the Story
Price Discrimination-The analytics of Price Discrimination
Price Discrimination-Examples of Price Discrimination.
Public Policy towards Monopolies
Public Policy towards Monopolies. Increasing Competition with Antitrust Laws.
Public Policy towards Monopolies. Regulation
Public Policy towards Monopolies. Public Ownership.
Public Policy towards Monopolies. Doing nothing
Conclusion: The Prevalence of Monopolies
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Chapter 13 Production and Cost

Using the slides from Mankiw's Principles of Economics textbook

Chapter 15 Monopoly

Using the slides from Mankiw's Principles of Economics textbook

Math 4. Math for Economists. Lecture 15: Final Review

UCI Math 4: Math for Economists (Summer 2013)
Lec 15. Math for Economists
View the complete course:
Instructor: Jason Kronewetter, Ph.D.

License: Creative Commons CC-BY-SA
Terms of Use:
More courses at

Description: UCI Math 4 covers the following topics: linear algebra and multivariable differential calculus suitable for economic applications.

Recorded on September 9, 2013

Required attribution: Kronewetter, Jason. Math for Economists 4 (UCI OpenCourseWare: University of California, Irvine), [Access date]. License: Creative Commons Attribution-ShareAlike 3.0 United States License. (

Lec 1 | MIT 14.01SC Principles of Microeconomics

Lecture 1: Introduction to Microeconomics
Instructor: Jon Gruber, 14.01 students
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License: Creative Commons BY-NC-SA
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Chapter 5. Elasticity and Its application.

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Chapter 5. Elasticity and Its application. Gregory Mankiw. Principles of Economics.
The price elasticity of demand and its determinants.
Computing the price elasticity of demand.
The midpoint method: A better way to calculate percentage changes and elasticities.
The midpoint method: A better way to calculate percentage changes and elasticities
Different cases of Price Elasticity demand
Different cases of Price Elasticity Demand.
Total revenue and the price elasticity.
Total revenue and the price elasticity.
Total revenue and the price elasticity of demand.
Other Demand Elasticities.The income Elasticities.
Cross-Price Elasticity of Demand
Elasticity of supply.
Computing the price elasticity of supply.
The variety of supply curves.

Microeconomics Practice Problem - Utility Maximization Using Marginal Utility and Prices

This video shows how to use marginal utility and prices to maximize utility. The problem is taken from Economics: Principles and Applications, 6th Edition, by Robert Hall and Marc Lieberman, and is Ch. 6 problem #3. See the Practice Problems playlist for an archive of daily practice problems.

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By Jodi Beggs - Economists Do It With Models

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Top 10 AP Macroeconomics Exam Concepts To Know

Top 10 AP Macroeconomics concepts to know for the AP Macroeconomics exam.

This video includes the following concepts: Fiscal policy, spending and tax multipliers, crowding out effect, monetary policy, money multiplier and expansion of money supply, relationships involving Interest Rates, long run economic growth, effects of inflation, relationships between AD/AS and the short run Phillips curve, AD/AS model in long run, and more.



This is a great tool to help you study for the big exam. For more review, check out the No Bull Review for use with the AP Macroeconomics and AP Microeconomics Exams book on Amazon and Economics AP app on iTunes.

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University of Washington Microeconomics Final Exam Review

Senior Lecturer Gregory Ellis at the University of Washington goes over the solutions to the previous Econ 200 Final Exams questions.

Costs of Production- Microeconomics 3.3 (Part 1)

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.

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Microeconomics Chapter 9 Int'l Trade Benefits

Microeconomics Review Exam I Part I

Lec 3 | MIT 14.01SC Principles of Microeconomics

Lecture 3: Elasticity
Instructor: Jon Gruber, 14.01 students
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License: Creative Commons BY-NC-SA
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Introduction to economics | Supply, demand, and market equilibrium | Microeconomics | Khan Academy

Basic introduction to what microeconomics and macroeconomics study. A bit on Adam Smith.

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Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course

About Khan Academy: Khan Academy is a nonprofit with a mission to provide a free, world-class education for anyone, anywhere. We believe learners of all ages should have unlimited access to free educational content they can master at their own pace. We use intelligent software, deep data analytics and intuitive user interfaces to help students and teachers around the world. Our resources cover preschool through early college education, including math, biology, chemistry, physics, economics, finance, history, grammar and more. We offer free personalized SAT test prep in partnership with the test developer, the College Board. Khan Academy has been translated into dozens of languages, and 100 million people use our platform worldwide every year. For more information, visit join us on Facebook or follow us on Twitter at @khanacademy. And remember, you can learn anything.

For free. For everyone. Forever. #YouCanLearnAnything

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Review Final Exam (Spring 2016)

00:00:00 Information on the final's Scantron format
00:01:10 Question #1
00:08:24 Question #2
00:11:15 Question #3
00:16:18 Question #4
00:17:21 Question #5
00:21:39 Question #6
00:22:31 Question #7
00:25:19 Question #8
00:28:26 Question #9
00:34:18 Question #10
00:38:25 Question #11
00:40:27 Question #12
00:45:12 Question #13
00:48:27 Question #14
00:56:48 Question #15
00:59:12 Question #16
01:01:13 Question #17
01:02:40 Question #18
01:04:53 Question #19
01:11:17 Question #20
01:13:01 Question #21
01:15:00 Question #22
01:16:00 Question #23
01:17:50 Question #24
01:19:15 Question #25
01:21:13 Question #26
01:23:50 Question #27
01:28:28 Question #28
01:34:04 Question #29
01:35:34 Question #30
01:37:07 Question #31
01:42:47 Question #32: Solution is in Ted Joyce's videos, Chap 17#4
01:46:50 Question #33
01:47:36 Question #34
01:49:12 Question #35
01:50:49 Question #36
01:55:00 Question #37
01:58:12 Question #38

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